As the trend in Higher Timeframe suggests an uptrend, there's a potential area for taking on a long position.
Note that this area could be invalided and the downtrend continues.. hence we are currently waiting for confirmation to form on H4. Those who wish to trade on D1 confirmation is also fine. Let's wait and see how it turns out.
Note that this area could be invalided and the downtrend continues.. hence we are currently waiting for confirmation to form on H4. Those who wish to trade on D1 confirmation is also fine. Let's wait and see how it turns out.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.